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BP Criminal Case in Oil Spill May Be Inevitable, Analysts Say

  By Paul M. Barrett and Justin Blum – Jul 1, 2010     It’s almost a foregone conclusion, legal experts agree, that the federal investigation of the Gulf of Mexico oil spill will produce criminal charges. After all, mere negligence leading to serious oil pollution constitutes a misdemeanor under […]

FG directs DMO to seek cheaper sources of fund

  Friday, 2 Jul 2010       Vice-President Namadi Sambo has charged the Debt Management Office to source cheap funds to enhance national economic growth and development.He said this on Thursday, while chairing the meeting of the DMO supervisory Board at the State House, Abuja.   The vice-president said, “The need […]

Rescued banks: CBN to clear toxic debts by year end – Sanusi

  By Sunday Ojeme with agency report Friday, 2 Jul 2010    The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the CBN plans to clear the toxic debts from the banking system by the end of the year as it tries to revive lending […]